Red Hook WatchIndependent Community Resource

REQUIRED PILOT FOR PROPERTY ELIGIBLE FOR EXEMPTION UNDER RPTL SECTION 487

Activeformal_resolutionongoingThe Town Board established a required Payment in Lieu of Taxes (PILOT) for properties with solar, wind, or farm waste energy systems that are exempt from taxation on the increase in property value due to such systems for fifteen years.
First seen
2017-01-25
Latest event
2017-01-25
adopted
Expires

Lifecycle (1 event)

2017-01-25adoptedvote: 4-0
Establish required Payment in Lieu of Taxes (PILOT) for property eligible for exemption under RPTL Section 487 for solar, wind, or farm waste energy systems.
moved by O'Neill · seconded by Imboden
Subject key: renewable_energy_pilot